Century 21

The Century 21 franchise was launched in 1972. Since then, the company has approximately 13,200 independently operated franchised broker offices. Century 21 real estate franchise provides favorable opportunities for its franchisees due to a proven franchise concept and a worldwide recognition of the brand. Owning a Century 21 franchise means running your business smoothly with consistent assistance of the franchisor. In addition to be one of the world's most recognizable real estate franchises in the world, they are know for their philanthropy. For more than three decades, Century 21 Real Estate LLC has partnered with Easter Seals, a non-profit organization, to assist adults and children with disabilities lead efficient, independent lives.

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Century 21 Franchise Cost and Requirements for 2024

Background

Century 21 Real Estate LLC is an American real estate agent franchise company that was founded in 1971 and has been franchising to 1972. The system consists of approximately 13,200 independently owned and operated franchised broker offices in 80 countries and territories worldwide with over 127,000 sales professionals. Century 21 Real Estate is headquartered in Madison, New Jersey. Did you know 51% of people have regrets about the real estate process? Additionally, 68% don’t trust real estate agents? The company was stunned by those statistics too and believes it’s time to change the game. With more brand awareness than any other real estate brand, Century 21 Real Estate is poised to make these changes as a result. To do this, the company is reinventing what the CENTURY 21 brand means in the hearts and minds of those who are buying, selling and working in real estate today.

This starts with its new mission – to defy mediocrity and deliver extraordinary experiences – and comes to life in our identity as a brand and the services we develop for our system members. The comapny's hashtag is #jointherelentless. Depending on the current state of your finances, a merger or acquisition is often a way to consider injecting some needed capital back into your business. The company is currently looking for the relentless go-getters in key markets. If you would like to explore this opportunity, you have to be ready to help people find the home of their dreams. The company's tools and industry knowledge can help you to potentially expand and increase your revenue stream.  

Company Details

Founded: 1972
Canada: Yes
International: Yes

Support and Training Offered By Century 21

Century 21 Real Estate has relationships with third-party sources which offer financing to cover startup costs. Additionally, they have in-house financing options to cover startup costs, as well. 

2024 Franchise Requirements Needed to Own a Century 21 Franchise.

What does a Century 21 Franchise Cost?

Century 21 franchise fees for 2024:

Initial Franchise Fee $0 - $25,000
Initial Investment $24,700 - $456,750
Net Worth Requirement $150,000
Cash Requirement $75,000
Veteran Incentives Franchise fee waived or reduced; startup funding of $25,000
Royalty Fee 6%
Ad Royalty Fee 2%
Term of Agreement 10 years

Is Century 21 a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Century 21 is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Century 21 a Home Based franchise?

No. Century 21 is not a home based franchise opportunity.

What Do Century 21 Franchise Owners Make?

Click here to find out how much Century 21 franchisees make. Century 21 offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Does Century 21 Offer a Veteran Discount?

Yes. Century 21 franchise does offer a veteran discount.

Is Century 21 Looking for Franchisees in Canada?

Yes. Century 21 franchise is looking for Canada franchisees.

Is Century 21 Looking for International franchisees?

Yes. Century 21 franchise is looking for International franchisees.

Where can I see Century 21's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Real Estate, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

More than $250,000

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

Century 21 Franchises for Sale

Click Here to inquire about existing Century 21 franchises for sale. We may have Century 21 franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.